Audit reveals government 'gift' to Nyeri coffee farmers was a loan
Coffee farmers affiliated to Baricho Coffee Cooperative Society in Mathira Constituency, Nyeri County during a meeting held at Karindundu coffee factory on November 14, 2024.
In September, Cooperatives Cabinet Secretary Wycliffe Oparanya and Mathira MP Eric Wamumbi visited the society to present a "gift" from President William Ruto.
But little did the 7,000 coffee farmers know that what the MP called a debt waiver was a Sh63 million government loan.
The debt-ridden Baricho Farmers' Cooperative Society in Nyeri has been thrown into confusion after an audit revealed that a debt waiver granted by the government two months ago was a loan.
In September, Cooperatives Cabinet Secretary Wycliffe Oparanya and Mathira MP Eric Wamumbi visited the society to present a "gift" from President William Ruto.
